HOSPA supports BHA open letter to Government calling for VAT cut to 5%
March 16, 2012
HOSPA (Hospitality Professionals Association for Finance, Revenue Management and IT) Chief Executive Carl Weldon said: “HOSPA wholeheartedly supports the open letter to Government, written by the British Hospitality Association (BHA) and industry leaders, calling for a reduction in VAT to 5% for the UK tourism sector. Such a move represents a ‘win-win’ situation for the hospitality and tourism industry, the consumer and Government – including an additional £2.6 billion to the Exchequer over the next decade.”
